Poppy Barley in the opening vignette is a private corporation that was formed by two sisters in

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Poppy Barley in the opening vignette is a private corporation that was formed by two sisters in Edmonton. Bombardier Inc. is an example of a Canadian public corporation. What is the main difference between a private corporation and a public corporation?

Corporation
A Corporation is a legal form of business that is separate from its owner. In other words, a corporation is a business or organization formed by a group of people, and its right and liabilities separate from those of the individuals involved. It may...
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Related Book For  answer-question

Fundamental Accounting Principles Volume II

ISBN: 978-1260305838

16th Canadian edition

Authors: Kermit Larson, Tilly Jensen, Heidi Dieckmann

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